September 15, 2015
Nifty Vs OI
The Nifty futures open interest has decreased by 1.17%
BankNifty futures open interest has increased by 5.56% as
market closed at 7872.25 levels.
The Nifty September future closed at a premium of 2.95
points against a premium of 0.05 points. The October
series closed at a premium of 39.90 points.
The Implied Volatility of at the money options has
increased from 26.37% to 26.90%.
Nifty PCR-OI has increased from 0.93 to 0.94 levels.
The total OI of the market is Rs. 2,35,513/- cr. and the
stock futures OI is Rs. 58,090/- cr.
Few of the liquid counters where we have seen high cost of
carry are UNITECH, NHPC, JPASSOCIAT, IFCI and
Yesterday FIIs activity was subdued in both cash
market segment and in Index Futures. They sold
Index Futures marginally with fall in OI, suggesting
blend of long unwinding and short covering in last
trading session. Surprisingly, FIIs were most active
in stock futures yesterday, wherein they bought of
Rs. 488 crores with rise in OI indicating fresh
In Index Options front, they were net sellers of Rs.
171 crores with rise in OI. In call options we saw
7800-7900 strikes. While in put
options, decent OI addition was seen in 7600 and
7800 strikes. Maximum OI is seen in 8000 call
and 7500 put options.
We continue to see selling in equities by bigger
hands. Even though Nifty gave a decent bounce in
last week, we hardly saw any meaningful buying
interest in Nifty. We still believe it’s a sell on rise
market; 7900-7950 is an immediate resistance for
September 15, 2015
FII Statistics for 14-September 2015
Turnover on 14-September 2015
Nifty Spot = 7872.25
Lot Size = 25
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Sept. Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
September 15, 2015
August 31, 2015
September 07, 2015
September 14, 2015
Ratio Bull Call Spread
Research Team Tel: 022 - 39357800
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